Dash / TetherUSLong
DASHUSDT - is going higher now?
Updated
DASHUSDT1H trend chart
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DASH left a long upper shadow line today.
Now, it already broke the downtrend line, but there is definitely some resistance around the shadow line.
We can try to take entry here or wait for price to stand above 232.6 w/o wicks top, and trading strategy as below.
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Profit Targets:
a) 247.8----Fib(1)
b) 264.8~271.7----Fib(1.272~1.382)
c) 286.5----Fib(1.618)
Stop losses:
a) 218-----Red horizontal ray
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Note
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Due to the transformation from resistance to support(blue ray), we can set new SL at $231.2(red horizontal ray)
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